Kaspa (KAS) Price Analysis!

The KASPA has been in an uptrend from the second half of 2023, which is followed by the first half of 2024. The price had been trading in an upward-broadening wedge.

From lower border support in May 2024, the price has headed for the upper border, and it has come halfway as of writing.

The 50-day and 200-day EMA bands support the run; further surge would create a new ATH. RSI flashed at 65.14, and MACD formed a bullish cross.

Fascinatingly, the optimism seems strong in the asset and contingents on buyers' activity. The price would fly ahead.

The Resistance ahead could be the round numbers, such as $0.2200, and $0.2400, respectively, till it reaches the upper border. However, slippage from $0.1900 would lead towards the loss of gains, where bears would eye at $0.1869, and $0.1521 support levels, respectively.